Spanish lawmakers call for "traffic light" risk warnings for crypto assets

Spanish lawmakers are asking the country's financial regulators to implement a "traffic light" risk warning system for crypto assets. The system would classify crypto assets into four levels—green, yellow, orange, and red—based on their registration, support, and regulatory status, as well as market performance stability. Green would represent assets that are well-registered, supported, and regulated; yellow would represent assets with "limited support" or moderate volatility; orange would represent unregulated, high-risk assets; and red would be used for speculative assets with "no clear issuer or substantial support." [Cryptonews]